Configuring an equipment trade-in
Note: If the financing type
2-Rental is used, then you cannot add
equipment trade-in to a quotation.
Equipment trade-in is used when the customer has one or more existing equipment that they wish to trade in and therefore set off the cost against this quotation. If the equipment is not currently in your Infor M3 Business Engine database, that is, if you have not sold or maintained it before, then the trade-in record is used to create various records in Infor M3 Business Engine when the quotation is released to become an order:
- Records are created in ‘Equipment/Serialized Item. Open’ (MMS240) and ‘Equipment. Update History’ (MOS290).
- A sales order line is created in ‘Customer Order. Open Line’ (OIS101), with a quantity of minus one.
Equipment trade-ins are used to create a quotation line of type 10 and are displayed in the Equipment Search and Connect window.